Question #23

Reading: Reading 33 Real Estate Investments

PDF File: Reading 33 Real Estate Investments.pdf

Page: 10

Status: Unattempted

Correct Answer: A

Question
Which of the following most accurately identifies a private equity investment in income- producing real estate?
Answer Choices:
A. Investment in a real estate investment trust (REIT)
B. Direct ownership of real estate properties
C. Private market mortgage lending by an insurance company
Explanation
Real estate investments take four major forms: private equity, publicly traded equity, private debt, and publicly traded debt. Private equity investment in real estate refers to direct ownership of real estate properties. Mortgage lending by banks or insurance companies is best described as private debt. Indirect ownership of real estate through equity securities such as REITs is an example of publicly traded equity.
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